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Please help with all 4 parts of the questions. Laval produces lighting fixtures. Budgeted information for its two production departments follows. The departments use machine
Please help with all 4 parts of the questions.
Laval produces lighting fixtures. Budgeted information for its two production departments follows. The departments use machine hours (MH) and direct labor hours (DLH). Overhead cost Direct labor hours Machine hours Fabricating $ 1,170,000 166,250 DLH 65,000 MH Assembly $ 320,000 20,000 DLH 68,500 MH Laval reports the following for one of its products, a desk lamp. Number of Units 5,000 Fabricating Department Assembly Department Direct Labor Hours Machine Hours per Direct Labor Hours Machine Hours per per Unit Unit per Unit Unit 7 DLH per unit 4 MH per unit 2 DLH per unit 0.5 MH per unit Desk lamp Required: 1. Determine the plantwide overhead rate using 186,250 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the plantwide overhead rate using 186,250 direct labor hours as the allocation base. 0 Required 1 Required 2 > Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. Plantwide Overhead Rate Hours Used Overhead Cost per Unit Desk lamp Required 1 Required 2 Required 3 Required 4 Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. What is the departmental overhead rate for the Fabricating Department? What is the departmental overhead rate for the Assembly Department? Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Department Departmental Overhead Rate Hours per Unit Overhead Cost per Unit Fabricating Assembly Total $ 0Step by Step Solution
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